Three new signings at Cardiff Bay
Published: 04 April, 2017
Orchard Street completes trio of lettings at Cardiff Bay retail park
Home Bargains and Iceland, trading as Food Warehouse, have agreed new 15-year and 10-year leases respectively, with no breaks, on space that was previously occupied by BHS. The 33,000-sq ft unit is being subdivided and refurbished prior to the lettings. T the same time Wilkos, the homewares and appliances store, has taken the former Brantano unit on a new 10-year lease.
Home to Europe’s largest waterfront development and seat of the Welsh Assembly, the area is a dynamic commercial hub with a significant residential population. Existing tenants of the retail park include Argos, Boots, Sports Direct and Costa, among others. Following these recent lettings the retail park is now 100 per cent let.
Anna Bradford, asset manager at Orchard Street, said: “These are really strong lettings to great retailers with strong covenants, which we expect will also attract additional foot fall to the park.”
Stockford Anderson and Edgerley Simpson Howe acted on behalf of Orchard Street